India vs Mongolia: Goods and services expense

India
2.33 trillion current LCU
in 2022
Mongolia
3.12 trillion current LCU
in 2024
India rank
23rd
Mongolia rank
21st

Goods and services expense over time

  • India
  • Mongolia
01.0T2.0T3.0T197419992024

How they compare

Mongolia currently reports 3.12 trillion current LCU against 2.33 trillion current LCU in India, a difference of 793.38 billion current LCU.

That makes Mongolia's figure about 1.3 times India's.

Across all 26 years both countries report, India has been ahead every year.

Globally, India ranks 23rd and Mongolia ranks 21st of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.